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TMAC Resources Inc. T.TMR

TMAC Resources Inc is an industrial metals and materials company. The business acquires, explores, and evaluates mineral properties. Its lone business segment is Mining; this segment is engaged in the exploration and development of precious metal resources, primarily gold. The company generates the vast majority of its revenue in Canada. TMAC Resources' primary mine is located in Hope Bay, in the Kitikmeot region of the western Nunavut Territory. TMAC mines for gold resources and inferred minera


TSX:TMR - Post by User

Comment by riverrrowon Feb 18, 2020 9:08am
120 Views
Post# 30702103

RE:RE:RE:What am I missing here?

RE:RE:RE:What am I missing here?I think one poster here, asforecasts, pointed out that the ore here is in permafrost and is therefore not oxidized which makes it a lot more difficult to extract the gold from as compared to oxidized ore. Is it possible that the initial bulk ore used to test for recovery was from a shallow zone and partially oxidized and therefore achieved a higher test recovery rate? One accidental error after another which has cost investors millions. GLTA.
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